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Is Your Political Donation Deductible?

It is the height of election season, and campaign spending is setting new records. As in previous cycles, most of the giving has come from individuals.

For those people, tax questions abound. For example, which donations to political causes and campaigns are tax-deductible? Which ones will be disclosed on the Internet—or reported to the Internal Revenue Service—and which will remain secret? Which could trigger a 35% gift tax?